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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

New business models that provide an ongoing revenue stream, or a secondary stream from advertising, raise your margins and can give you some additional satisfaction. Enjoy that first video interview at an industry conference, or the newspaper story which enhances your startup visibility and credibility. Marty Zwilling

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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

Funding 141
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10 Ways To Get Tagged As High-Potential In A Startup

Startup Professionals Musings

Everyone knows that startups are risky, but they also expect that the job will be exciting and potentially very lucrative (think early employees at Facebook and Google). The truly indispensable person in a startup is a problem solver, because every startup has plenty of problems. You can’t outsource that one.

Startup 125
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6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Factor in all the cost elements.

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5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. Outsource functions outside your core competency. Selective outsourcing can save you real money. Selective outsourcing can save you real money.

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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Capture your “secret sauce.”

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